## Oregon Embraces Digital Assets as Collateral Oregon has officially amended its Uniform Commercial Code (UCC) to recognize digital assets as legitimate collateral in secured transactions. This landmark decision, recently signed by the Governor, clarifies the legal standing of cryptocurrencies and other digital assets within the state's financial system. ### UCC Amendment Clarifies Digital Asset Rights According to Cryptobriefing, the amendment resolves previous ambiguity surrounding the use of digital assets as collateral. Before this change, uncertainty existed regarding whether digital assets could be treated like other forms of collateral. This amendment provides a clear legal framework, solidifying the rights of parties involved in transactions using digital assets as security. This move positions Oregon as a forward-thinking state, potentially attracting blockchain-based businesses and investment. By clarifying the legal landscape for digital assets, Oregon aims to foster innovation and economic growth in the burgeoning digital economy. The UCC amendment brings much-needed regulatory certainty to the digital asset space. ```